Mining giant Glencore reports $676m first-half loss
Glencore
Zurich - AFP
Swiss mining and commodities giant Glencore on Wednesday reported a first-half loss of $676 million (620 million euros) on the back of falling prices in the metals market and asset depreciation.
In the first half of 2014, Glencore recorded profits of $1.7 billion.
Glencore shares have fallen by 40 percent this year, reflecting investor mood about mining firms amid fears slower economic growth in China will hit demand.
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Paris - Emiratesvoice
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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